Required information Skip to question Using a required rate of return of 12%. Perpetual Power Machine Co. Purchase of a New High Machining Tool Year Cash Flow Year 1 $500 Year 2 500 Year 3 3,000 Year 4 3,000 Year 5 10,000 What is this project's NPV if the initial capital investment is $7,162? Multiple Choice $3,399 $12,000 $8,500 $3,000